Petition For Release Of Excess Proceeds Texas thumbnail

Petition For Release Of Excess Proceeds Texas

Published Nov 26, 24
4 min read


It's pretty personal. It's normally an attorney or a paralegal that you'll finish up talking with. Each region obviously wants different information, yet in basic, if it's an action, they want the project chain that you have. Make sure it's videotaped. Often they have actually requested allonges, it depends. The most recent one, we actually confiscated so they had titled the act over to us, because instance we sent the action over to the paralegal.

For example, the one that we're needing to wait 90 days on, they're making certain that nobody else is available in and asserts on it - petition for release of excess proceeds texas. They would do additional study, but they just have that 90-day period to make certain that there are no cases once it's shut out. They process all the files and make certain everything's proper, then they'll send in the checks to us

House Tax Foreclosures

Tax Sale Properties ListingsWho Qualifies For Surplus Money


An additional just thought that came to my head and it's occurred as soon as, every currently and after that there's a duration before it goes from the tax obligation division to the basic treasury of unclaimed funds (excess funds definition). If it's outside a year or more years and it hasn't been claimed, maybe in the General Treasury Department

If you have an action and it inspects out, it still would coincide process. Tax obligation Overages: If you require to redeem the tax obligations, take the residential property back. If it doesn't market, you can pay redeemer taxes back in and obtain the residential or commercial property back in a tidy title. About a month after they accept it.

Once it's accepted, they'll say it's going to be two weeks since our accounting department has to process it. My favorite one was in Duvall Region.

TaxsalelistsBuy Tax Lien Homes


Even the regions will tell you - surplus money. They'll say, "I'm an attorney. I can fill this out." The regions always respond with saying, you do not require an attorney to load this out. Anyone can load it out as long as you're a representative of the company or the proprietor of the property, you can complete the documents out.

Florida appears to be quite contemporary as far as simply scanning them and sending them in. excess funds from tax sale. Some desire faxes and that's the most awful due to the fact that we have to run over to FedEx just to fax things in. That hasn't been the situation, that's just taken place on 2 counties that I can consider

It probably marketed for like $40,000 in the tax sale, but after they took their tax cash out of it, there's about $32,000 left to assert on it. Tax Overages: A great deal of areas are not going to give you any type of additional information unless you ask for it yet as soon as you ask for it, they're definitely helpful at that factor.

House Tax Sale Auction

They're not mosting likely to provide you any type of additional info or aid you. Back to the Duvall county, that's just how I entered a truly excellent conversation with the paralegal there. She actually described the entire process to me and told me what to request for. Fortunately, she was actually handy and walked me with what the procedure resembles and what to request for. real estate tax foreclosure sales.

Other than all the details's online due to the fact that you can simply Google it and go to the region site, like we utilize normally. They have the tax acts and what they paid for it. If they paid $40,000 in the tax obligation sale, there's possibly excess in it.

They're not going to let it obtain expensive, they're not mosting likely to let it obtain $40,000 in back tax obligations. If you see a $40,000 sale, there are most likely surplus claims in there. That would be it. Tax obligation Overages: Every county does tax foreclosures or does repossessions of some sort, especially when it pertains to real estate tax.